Question

Modi started business with ₹200000 ,of which he borrowed ₹50000 from a bank.

Answer 1

modi started bussiness with 200000 borrowed 50000 from a bank

200000-50000 =150000

Answer 2

Answer:

Plz give answer

Explanation:

Modi :

2016

Jan. 1

Modi started business with = 2,00,000, of which he borrowed = 50,000 from a bank.

Jan. 5

Purchased goods worth = 30,000 at a trade discount of 5%.

Jan. 6

Purchased goods worth = 40,000 at a cash discount of 6%.

Jan. 7 Sold goods worth 35,000 to Hooda at a trade discount of 2%.

Jan. 8 Sold goods worth 25,000 to Nitish at a cash discount of 4%, cheque was received

on the spot.

Jan. 12 Goods of the selling price of 20,000 were sold at a trade discount of 5% and cash

discount 2%, payment received by cheque.